VALLEY AND VENTURA COUNTY BUSINESS | VENTURA COUNTY ROUNDUP / RODNEY BOSCH

Autologic Cuts Its Net Losses for 6-Month Period

Autologic Information International of Thousand Oaks announced a net loss of $287,000 for the six-month period ended May 2. However, the company said the loss was a significant improvement over the $2.9-million net loss for the same period in 1996.

Dennis Doolittle, vice chairman and president of Autologic, credited improved gross profit margins in the second quarter to increased sales of imagers and cost-cutting measures taken since last year's merger of Autologic and Information International Inc.

For the first six months of fiscal 1997, Autologic reported revenues of $38 million, compared with $42.4 million for same period in 1996. For the second quarter ended May 2, the company reported net income of $440,000 on revenues of $19.9 million, compared with income of $840,000 on revenues of $25.8 million a year earlier.